01:24 start here

QM Midterm Testbank's Ultimate Analysis video by Muslima🌸

Section A covered ✅

💡 Have any questions? @MuslimaIkromova is here to help you✏️

With big heart,
𝑴𝒖𝒔𝒍𝒊𝒎𝒂 𝑰𝒌𝒓𝒐𝒎𝒐𝒗𝒂
𝑬𝑿𝑨𝑴 𝑪𝑶𝑶𝑲💐

QM Midterm Testbank's Ultimate Analysis video by Muslima🌸

Section C deeply covered ✅

💡 Have any questions? @MuslimaIkromova is here to help you✏️

With big heart,
𝑴𝒖𝒔𝒍𝒊𝒎𝒂 𝑰𝒌𝒓𝒐𝒎𝒐𝒗𝒂
𝑬𝑿𝑨𝑴 𝑪𝑶𝑶𝑲💐

Assalomu aleykum guys.

Today, at 21.00 we have a stream ✅

📌 Section D will be covered.
📌 Section D = where you should solve problems with proper formulas, providing detailed solution, so it's important!

See you all at 9 pm
• Push "🔥" if you're joining.

Besides, we'll cover Section B as well🔥

• we will go through easy ways(😉) of memorizing the definitions below.

1. Discrete Data: Data that consists of distinct, separate values or counts that cannot be broken down into smaller parts (e.g., the number of students in a class).


2. Primary Data: Data collected firsthand directly from the source or original research, often through surveys, interviews, or experiments.


3. Median: The middle value in a set of data when arranged in order; if the data set has an even number of values, it's the average of the two central numbers.


4. Variance: A measure of how much each number in a data set differs from the mean; it shows the spread or variability in the data.


5. Fixed Base Index: A statistical measure where each value in a time series is compared to a single base period for consistent comparison.


6. Mode: The most frequently occurring value in a data set.


7. Chain Base Index: An index that links successive changes by using the previous period as the base, allowing comparisons over time.


8. Growing Perpetuity: A financial concept of a series of payments that continue indefinitely, with each payment growing at a constant rate.


9. Effective Interest Rate: The actual interest earned or paid on an investment or loan after accounting for compounding over a specified period.


10. Relative Frequency: The proportion of times a particular value appears in a data set, relative to the total count.


11. Sample: A smaller, manageable portion of a population used to draw inferences about the larger group.


12. Paasche’s Index: A price index that measures the current cost of a basket of goods compared to the base period, using the current period’s quantities.


13. Perpetuity: A type of annuity that provides continuous payments indefinitely, with no end date.


14. Interest Rate: The percentage charged or earned on a principal amount over a period, often annually.


15. Frequency: The number of times a value occurs in a data set.


16. Population: The complete set of all items or individuals that a study or survey aims to analyze.


17. Laspeyres Index: A price index that uses a fixed basket of quantities from a base period to measure price changes over time.


18. Nominal Data: Data categorized by name or label without any inherent order (e.g., types of fruits: apples, oranges).


19. Ordinal Data: Data with a meaningful order but no consistent difference between values (e.g., ranks like 1st, 2nd, 3rd).


20. Ratio Data: Numeric data with a true zero point and equal intervals, allowing for meaningful comparisons and ratios (e.g., weight, height).


21. Interval Data: Numeric data with equal intervals between values but no true zero (e.g., temperature in Celsius).


22. Inflation: The rate at which the general level of prices for goods and services rises, decreasing purchasing power.


23. CPI (Consumer Price Index): A measure that examines the weighted average price of a basket of consumer goods and services, indicating inflation levels.


24. Dorbish-Bowley Method: An index formula that averages the results of the Laspeyres and Paasche indexes to create a balanced measure.


25. Fisher's Ideal Method: An index that combines the Laspeyres and Paasche indexes, taking their geometric mean to balance between them.


26. Mean: The average of a data set, calculated by summing all values and dividing by the count.


27. Real Interest Rate: The nominal interest rate adjusted for inflation, showing the true earning or cost of funds over time.


28. Weighted Mean Index: An index that accounts for the varying importance of items by assigning them different weights in calculations.


29. Weighted Aggregate Index: A measure that combines items in a series, weighted by their importance, to analyze overall change.


30. Simple Aggregate Index: A straightforward index that measures overall change in a series without considering individual item weights.